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$3,498 (target)

1502 W Edgewater Ave, Chicago, IL 60660

3 beds • 3 baths • 2238 sqft

$1,113,700

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This property looks like a bad Long-Term investment with a projected -21.9% first-year return on $234k initial cash invested.

-21.9%

Cash On Cash

1.68%

Cap Rate

0.28

DSCR

$3,498

Rent

-$4,268

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1114k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$234k

Downpayment

20%

$223k

Closing costs

1%

$11,137

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,498

Total Expenses

$7,766

Mortgage P&I

162%

$5,655

Property Taxes

23%

$799

Home Insurance

11%

$402

HOA

0%

$0

Property Management

10%

$350

CapEx

5%

$175

Vacancy

6%

$210

Maintenance

5%

$175

Other

0%

$0

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